Aura Minerals Inc T.ORA

Alternate Symbol(s): ORAAF

Metals & Mining Gold

Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.

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Aura Minerals Inc > Bullish on Copper

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Post by BillyKnowsBeston Jan 18, 2021 10:25pm

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Post# 32323743

Bullish on Copper

https://anchor.fm/austin-bentz/episodes/005---The-Copper-Outlook-ep3ku0

Very bullish on Copper long term!

EV space, and increased need for electric infrastructure. EVs, Charging stations, renewable energy and battery storage

only 17% of electric energy came from renewables in 2020. Long way to go to get to 100%!! That is going to mean more copper, and more copper miners!

Rough estimates by Wood MacKenzie say we will need an additional 24M tonnes of copper per year, more than double the ucrrent production.

This will require $1.7 TRILLION in new mining investment!! Only way that could happen is if it becomes very profitable to mine copper, prices near $5 !! long way to go up!!

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Calling all silver bulls